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Which of the following does NOT always increase a companys market value? a. Increasing the expected growth rate of sales. b. Increasing the expected operating

Which of the following does NOT always increase a companys market value? a. Increasing the expected growth rate of sales. b. Increasing the expected operating profitability (NOPAT/Sales). c. Decreasing the capital requirements (Capital/Sales). d. Decreasing the weighted average cost of capital. e. Increasing the expected rate of return on invested capital.

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